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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (1876)7/24/1998 8:16:00 AM
From: David Semoreson  Read Replies (2) | Respond to of 18998
 
Mr Pink,

Perhaps you could elucidate on MRVC. Your comments seem to be at odds with the analyst who all rate it as "Strong Buy". I'm trying to find the "truth".

>>Up on hype related to Bay's of the world. No product, bad accountin.

I see that MRVC sales have grown at 40% annually for over 30 quarters, but you say "no product"; could you explain this to a laymen?

The founders own substantial shares and pay themselves only $100k salary, and have bought more at current prices. If they have "bad accountin" why don't they take a huge paycheque and dump their shares?

I'd appreciate a good, detailed response ...

** David